Ask Colin
TECHNICAL ANALYSIS
- Chris Tate indicates his testing shows that indicators only have 50% reliability at best. Does this mean there is no point to technical analysis?
- Can technical analysis be used for the value investment style and are there jobs using it for that purpose?
- Please recommend a basic starting book on charting?
- How can I use technical analysis to predict events like Sept 11?
- What is the best, preferably Australian, book on technical analysis?
- Could you please recommend a simple and comprehensive book on technical analysis?
- In your article "Technical Analysis - Basic Assumptions" November 1997, are you playing down the importance of historical trends/ patterns in predicting future trends/ patterns?
- Your statements that " 9 out of 10 people lose" and that "It takes 5 to 10 years to become a good trader" contradict the idea that trading stocks with technical analysis is the best way to make capital gains. If I learn correctly, could I become a successful trader within 12 months?
- Will technical analysis be less effective for share trading as more people begin using it?